Second-layer Ethereum scaling solution OMG Network has been acquired by Hong Kong-based OTC trading firm, Genesis Block. Ethereum-based scaling platform OMG Network has been acquired by the venture subsidiary of Hong Kong-headquartered OTC trading firm, Genesis Block. The acquisition was announced on Dec. 3, with Genesis Block Ventures revealing plans to work with OMG to […]
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Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. Announced on Dec. 3, the alliance aims to overcome the decentralized nature of the Polkadot ecosystem, providing a platform for its community […]
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Amid November’s 42% Bitcoin rally, roughly 185,600 BTC that hadn’t moved in at least 12 months was transferred on-chain. The November BTC rally to test all-time price highs saw more than 1% of Bitcoin’s supply move out of long-term storage. According to Unchained Capital’s ‘hodlwaves’ metric, which measures the time since Bitcoin has moved on-chain, […]
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The interview with Bitcoin SV advocate Jimmy Nguyen on Fox Business came to an abrupt end after only two minutes. An unusual interview with Bitcoin SV (BSV) proponent Jimmy Nguyen on Fox Business earlier today appears to have been cut short after Nguyen kept criticizing Bitcoin. Nguyen appeared on the Dec. 3 episode of Fox […]
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Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed. Ripple chief technology officer David Schwartz has admitted the company could be forced by validators to burn its 48 billion XRP tokens, regardless of if it agrees with the decision or not. […]
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Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same? After a rather lengthy wait, Bitcoin price is finally back to the same price range it was in 3 years ago. Back in 2017, when the Bitcoin (BTC) price peaked near $19,900, most altcoins also posted 200% […]
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According to researchers at the University of Bern, the presence of faulty or malicious nodes on the Ripple network could have “devastating effects.” Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research […]
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The Polkadot founder doesn’t buy into the narrative that we only need one blockchain. Polkadot doesn’t have to be an “Ethereum killer” to succeed, according to protocol founder Gavin Wood. In a “fireside chat” with podcaster Laura Shin during the Polkadot Decoded business summit on Thursday, Wood was asked whether his protocol could exist alongside […]
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Bitcoin whale inflows are increasing as the price of BTC struggles to break past $19,500. Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400 to $19,600 range to prevent the […]
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“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Caitlin Long. Caitlin Long, founder and CEO of Avanti Financial, is asking crypto users and others to testify in support of a piece of legislation which could help stop SIM […]
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